- Steve Parente is launching the Health Economists and Academic Leaders (HEAL) Network, to promote rational health reform.
- Why some beneficiaries will pay more for drugs because of the IRA bill.
- Study: 25% of health care spending is wasted and 25% of that could be reduced by policy changes.
- Wealthy nations may be reaching a life expectancy limit.
Category: Health Insurance
Monday Links
- CBO: Medicaid spending on illegal aliens has cost Taxpayers over $16.2 Billion in the last three years.
- o1 is the first AI to outperform PhD-level scholars on the toughest Graduate-Level Google-Proof Q&A Benchmark and to excel in solving International Mathematics Olympiad problems.
- AEI: When the social Security Trust Fund becomes exhausted in 2033, most people assume the Treasury will reduce everyone’s monthly benefit check by 21%. In fact, the administration can means test the reduction – protecting the lowest income recipients at the expense of the highest – without any act of Congress.
- In OMB’s new cost benefit analysis, higher income people get lower weights than lower income people. Viscusi on why that matters and what can go wrong.
Study: Nearly Half of Cities are Dominated by only One or Two Large Hospital Systems
The U.S health care system consumes nearly one-in-five dollars of income. The latest figures are Americans pay nearly $4.5 trillion annually for medical care. Of that, about one-third is spent on hospital care. That is about double the proportion of GDP spent on physician care and three times the amount spent on drugs.
Saturday Links
- Dr. Marty Makary: The best way to lower drug costs in the United States are to stop taking drugs we don’t need.
- The Longshoreman’s union negotiator makes nearly $900,000 dollars a year and owned a 76-foot yacht, and the modal longshoreman makes north of $150,000 a year. HT: Maxwell Tabarrok.
- After ten years, Bob Graboyes thoughts on health care system are highly relevant today.
- Who has it easier in the USA today? While 68% of Democrats believe men have the advantage, only 32% of Republicans agree.
- What quality ratings look like in the Medicare Advantage program. There are no quality measurements for traditional Medicare.
- What happens when private equity takes over the emergency room. (a negative opinion)
- Why telemedicine needs to cross state lines.
- Stem cell research was used to cure Type One diabetes.